BorgWarner reported a 1% increase in net sales to $3.53 billion in Q1 2026, despite a 4.2% organic sales decline mainly due to lower Battery Energy Systems sales. The company returned $185 million to shareholders through share repurchases and dividends. Adjusted operating margin improved to 10.5%, supported by cost controls amid a challenging market. BorgWarner also secured multiple new business awards across its portfolio, including contracts with major OEMs in Europe, China, and South Korea, positioning it for sustained profitable growth. The company maintained its full-year 2026 guidance, expecting net sales around $14 billion and continued margin improvements.
Leading Japanese companies, startups, and research institutions are developing specialized AI models using NVIDIA Nemotron open models to address Japan's unique language, industrial, and workforce challenges. These AI applications range from enterpri...
ARCpoint Inc. announced it will likely miss the July 29, 2026 deadline to file its annual financial statements and related reports due to a lack of funds to pay auditors. The company has applied for a Management Cease Trade Order (MCTO) and awaits ap...
The Rosen Law Firm is investigating potential securities claims against Putnam Investment Management, LLC, alleging that the company may have provided misleading business information to investors. Investors who purchased Putnam stock-based mutual fun...
Several stocks experienced significant declines today driven by company-specific events. SANUWAVE Health's shares dropped 39.21% despite strong revenue guidance, Twin Vee Powercats fell 30.95% amid a legal investigation, and Gorilla Technology declin...
The phase III ENDURANCE trial showed that two years of lenalidomide maintenance therapy offers the same long-term survival benefit as indefinite treatment for patients with standard-risk multiple myeloma who are not transplant candidates. After nearl...
